SBI Securities Co. Ltd. Invests $2.88 Million in iShares Select Dividend ETF (NASDAQ:DVY)

SBI Securities Co. Ltd. purchased a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 21,902 shares of the company’s stock, valued at approximately $2,876,000.

Several other institutional investors have also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares Select Dividend ETF by 340.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares during the last quarter. Creative Capital Management Investments LLC bought a new stake in iShares Select Dividend ETF in the fourth quarter valued at about $33,000. Roxbury Financial LLC bought a new position in iShares Select Dividend ETF during the fourth quarter worth about $38,000. JDM Financial Group LLC boosted its holdings in iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares during the last quarter. Finally, Weaver Capital Management LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter worth about $43,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $138.10 on Monday. The firm has a market capitalization of $20.43 billion, a price-to-earnings ratio of 16.35 and a beta of 0.88. The company’s 50 day simple moving average is $134.00 and its 200 day simple moving average is $134.92. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Select Dividend ETF Company Profile

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.